President Michel Martelly said that Haiti's Provisional Electoral Council had warned him that to fulfil the constitutional mandate of inaugurating a new president on 7 February, the runoff must be held by January 17,2016 at the latest.
Jovenel Moise, a banana exporter, will face ex-state construction company head Jude Celestin, who came second in the first round of voting.
The run-off was due to take place last week, but was postponed after opposition factions alleged fraud during the first round in October.
A special commission was asked to investigate the electoral process following widespread street protests.
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